The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 113384.620000000 is certain.
Caution: A possible counter-trend in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114917.100000000 |
| 2nd High | 113485.900000000 |
| Next High | 113384.620000000 |
| Current Price | 111614.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113384.620000000 – 111765.310000000 – 112575.270000000 – 109329.120000000 – 110279.680000000 – 110528.710000000 — 50.105159552982 – 53.371067080603
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –